The U.S. Department of Health and Human Services (HHS) is officially recommending that marijuana be moved from Schedule I to Schedule III under federal law—a historic development that means the top health agency no longer considers cannabis to be a drug with high abuse potential and no medical value. After completing a scientific review into […]| Marijuana Moment
As senators prepare to advance a marijuana banking reform bill with a vote next week, a federal agency has released new data showing that a record-high number of banks and credit unions are now working with the cannabis industry. The Financial Crimes Enforcement Network (FinCEN) has been tracking cannabis banking trends for the better part […]| Marijuana Moment
President Joe Biden has officially signed a marijuana research bill into law, making history by enacting the first piece of standalone federal cannabis reform legislation in U.S. history. The bill cleared the House in July and the Senate last month, and a White House spokesperson confirmed to Marijuana Moment that the president intended to sign […]| Marijuana Moment